Morning journal and courier., 1887-02-11
A BANK ACCOUNT.
Useful Hints to People Who Keep
 Money on Deposit.

| Useful Hints to People Who Keep | Money on Deposit.
 From Demorest's Monthly.l
 The custom of the banks, when it is | decided to open an account with custo-
 nler, is to require the customer to write his | name in book, kept for that purpose, at the 1 time the account is opened. The obvious | reason is to guard against fraud or mistake l in all subsequent transactions in which the l bank has to determine the genuineness of 1 the customers signature. If the genuine ness of check presented for payment to the | paying teller is suspected the signature may | be compared at once with that recorded with | the bank, as has been stated, and thus it's validity be determined
 In opening an account with bank the
 customer is furnished by the bank with a | book in which is entered on the left hand,
 or credit page, the amount deposited by | him. All subsequent deposits are entered
 in the book, with the date respectively of
 each deposit. At the time of opening an l account the bank will generally furnish the customer with a check book con tainlng l twenty-five more checks, and for this no l charge is made. Persons wishing to have nicely engraved checks can get them, but charge is usual in such cases, though the | amount will not exceed seventy-f five cents for | book of like number of checks. At the 1 same time the bank will also furnish to the l customer a sufficient number of "tickets," which are small pieces of paper containing l at the head a blank for the persons name to | be inserted, also blank for the date, and | below the words ''ch9cks" and ''cash." Whenever deposit is made the depositor fills up ticket, giving his name and the l date, and writing in the column against the 1 words s'check'' and leash" the amount of each respectively deposited. These tickets | should always accompany the bank book when a deposit is made. They kept on | file by the bank and serve vouchers for | both the bank and the depositor, from which | the accuracy of the account may be deter | mined, if the question should arise at any l time as to the amount, the time and the na- l ture of any deposit.
 A moments examination of the check book will serve to show the depositor the method of drawing check. It will be ob- served fiIst, that every check is numbered in it's order, generally upon the upper left hand corner. Again, the place to tear off a check is indicated by the perforated line. When torn off at this line the part remain | ing in the book is called the ''stub." A check is merely an order on a bank to pay the person named in the check a certain l sum of money. It will be obvious to anyone wbo is about to draw his check that it should l be dated, and the name of the payee, or CT son in whose favor it is drawn, should be in- serted in the body of the cheek; that the | amount to be paid should be written in and also indicated by figures, and that the check
 
 indicated. A check should always be drawn with great care and accuracy.
 The stubs, to which reference has been l made, are an important part of a check book, as they contain complete record, if properly kept, of all transactions with the l bank. They are transcripts of all cheeks drawn from time to time and show the num- bers, amounts, the dates and the names of l the payees respectively. In drawing cheeks l filling up the stubs should never be omitted. | It is not only important for the reasons sta 1 ted, but is vastly important in determining | the state of the account. By adding togeth- | CT the several amounts found in the stubs it | is obvious that the amount drawn from the 1 bank may be readily determined. This amount deducted from he amount deposited, which will appear in the bank book, will show the amount standing to the credit of the depostor. A gentleman, for the sake of convenience, once took out Of his check book number of blank checks, which he
 carried in his pocket in order that he might | use them at any time. He used them all, but neglected to keep an account of them, as he would have done had he had the stubs before him, when to his dismay he was one day notified by the bank that his account
 was overdrawn. Small checks, like small and frequent accounts at store, make terri ble inroads upon one's bank account, and it is we'll to watch them closely.
 A bank book should be regularly and ire quently written up," particularly when checks have been frequently drawn. This is done at the bank by Dookkeeper, who en- ters in the bank book the amount shown by the customers account to have been paid from time to time. These amounts are con- pared with the checks drawn to insure accu- racy. When thus transcribed into the toner's book the amount is found and sub tracted from the amount deposited, and the balance carried to new account. The checks are returned to the customer with his book when it is written up and are the GUS toner's vouchers. He may compare them
 with the stubs in his check book and deter
 mine whether they correspond in amount and
 are correct. It is well to keep these checks.
 In many cases they serve as receipts for bills
 paid. They are receipts. A check is given
 for instance to the dressmaker for her bill it
 is payable to her order. Before she can get
 the money upon it she must indorse it; that is write her name across the back When returned by tke bank to the drawer with such indorsement it shows that the check has
 been presented by her and paid; and it then
 becomes receipt, CT what is equivalent to